Aura Power secures £10m grant from Novuna Business Finance to progress renewable energy projects
May 01, 2024•over 1 year ago
Amount Raised
£10 Million
Investors
Novuna Business Finance
Description
Aura Power has secured a £10m grant from Novuna Business Finance to support its development pipeline of utility-scale solar PV and battery energy storage in the UK, Europe, and North America, contributing to the reduction of carbon emissions and reliance on fossil fuels.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech